Germany's producer prices jumped by 14.2 percent from a year earlier in September 2021, accelerating from a 12.0 percent rise in the previous month and beating market expectations of 12.7 percent. It was the largest increase in producer costs since October 1974, when prices rose strongly during the first oil crisis, mainly due to a jump in energy prices, ongoing supply disruptions and a low base year. Energy cost climbed 32.6 percent, driven by natural gas (58.9 percent), while there were also increases in prices of intermediate products (17.4 percent), durable consumer goods (3.2 percent), capital goods (2.4 percent), and non-durable consumer goods (2.2 percent). On monthly basis, producer prices advanced by 2.3 percent in September, also above forecasts of 1 percent. source: Federal Statistical Office

Producer Prices Change in Germany averaged 2.04 percent from 1950 until 2021, reaching an all time high of 22.40 percent in June of 1951 and a record low of -7.80 percent in July of 2009. This page provides the latest reported value for - Germany Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Producer Prices Change in Germany is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Producer Prices Change is projected to trend around 3.00 percent in 2022 and 2.30 percent in 2023, according to our econometric models.

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Germany Producer Prices Change


Calendar GMT Actual Previous Consensus TEForecast
2021-09-20 06:00 AM Aug 12% 10.4% 11.4% 11.4%
2021-10-20 06:00 AM Sep 14.2% 12% 12.7% 12.5%
2021-11-19 07:00 AM Oct 14.2% 15.7%


News Stream
German Producer Inflation Hits New 47-Year High
Germany's producer prices jumped by 14.2 percent from a year earlier in September 2021, accelerating from a 12.0 percent rise in the previous month and beating market expectations of 12.7 percent. It was the largest increase in producer costs since October 1974, when prices rose strongly during the first oil crisis, mainly due to a jump in energy prices, ongoing supply disruptions and a low base year. Energy cost climbed 32.6 percent, driven by natural gas (58.9 percent), while there were also increases in prices of intermediate products (17.4 percent), durable consumer goods (3.2 percent), capital goods (2.4 percent), and non-durable consumer goods (2.2 percent). On monthly basis, producer prices advanced by 2.3 percent in September, also above forecasts of 1 percent.
2021-10-20
German Producer Prices Rise the Most Since 1974
Germany's producer prices surged by 12.0 percent from a year earlier in August 2021, accelerating from a 10.4 percent rise in the previous month and beating market expectations of 11.4 percent. It was the largest increase in producer costs since December 1974, reflecting a low base effect from last year due to the coronavirus-induced restrictions and the ongoing economic recovery. Main upward pressure came from energy (24.0 percent) and intermediate products (17.1 percent), followed by durable consumer goods (2.8 percent), capital goods (2.4 percent) and non-durable consumer goods (2.1 percent). On monthly basis, producer prices advanced by 1.5 percent in August, also above forecasts of 0.8 percent.
2021-09-20
German Producer Prices Rise the Most Since 1975
Germany's producer prices surged by 10.4 percent from a year earlier in July 2021, accelerating from an 8.5 percent rise in the previous month and beating market expectations of 9.2 percent. It was the largest increase in producer costs since first oil crises in January 1975, reflecting a low base effect from last year due to the coronavirus-induced restrictions and the ongoing economic recovery. Main upward pressure came from intermediate products (15.6 percent) and energy (20.4 percent), followed by durable consumer goods (2.2 percent), non-durable consumer goods (1.8 percent) and capital goods (1.8 percent). On monthly basis, producer prices advanced by 1.9 percent in July, also above forecasts of 0.8 percent.
2021-08-20

Germany Last Unit Reference Previous Highest Lowest
Inflation Rate 4.10 percent Sep/21 3.90 11.54 -7.62
Inflation Rate Mom 0.00 percent Sep/21 0.00 2.65 -2.73
Harmonised Consumer Prices 110.10 points Sep/21 109.80 110.10 75.50
Consumer Price Index CPI 110.10 points Sep/21 110.10 110.10 18.90
Core Consumer Prices 109.80 points Sep/21 109.90 109.90 69.80
Core Inflation Rate 2.90 percent Sep/21 2.80 6.29 0.19
Producer Prices 118.30 points Sep/21 115.60 118.30 25.50
Producer Prices Change 14.20 percent Sep/21 12.00 22.40 -7.80
Export Prices 108.50 points Aug/21 107.70 108.50 36.20
Import Prices 112.40 points Aug/21 110.90 112.40 40.80
Food Inflation 4.80 percent Sep/21 4.50 8.30 -3.10
Wholesale Prices 115.60 points Sep/21 114.70 115.60 97.30
CPI Transportation 114.80 points Sep/21 115.00 115.00 54.30
CPI Housing Utilities 108.30 points Sep/21 108.00 108.30 53.30


Germany Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.